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The US Government Now Has Less Cash Than Google

"Our modern 'experts' tell us that the US government will always pay and that a debt default is impossible. Well, we’re living in a world where the 'impossible' keeps happening."

"Hanging In The Balance" - A Look Inside The War To Repeal Obamacare

House Republican:  "Right now, the Speaker of the House does not have the votes to pass this bill unless he’s got substantial Democratic support."

Senate Republican:  "House health-care bill can’t pass Senate without major changes.  To my friends in House: pause, start over. Get it right, don’t get it fast."

When This All Blows Up...

"And so here we find ourselves, at the final torturous, grinding part where the final bubble top is formed. The über-bubble. The Greatest Of Them All..."

Restaurant Sales And Traffic Tumble

Same-store sales fell -3.7% in February, with traffic declining -5.0%  A macro view leaves little room for optimism. Same-store sales averaged -2.7 percent for the last three months. February’s results were among the weakest in the last four years. Consumers are spending, but they are being battered by rising inflation. Spending power has flatlined as wage gains are barely offsetting price increases.

Is A Korean Missile Crisis Ahead?

“The two sides are like two accelerating trains coming toward each other with neither side willing to give way,” says Chinese Foreign Minister Wang Yi, “Are (they) really ready for a head-on collision?” So it would seem.